Notable Unlimited Companies
The unlimited company is a not too common or perhaps well known or promoted form of company incorporation (due to the narrow focus of generic company formation registration agents) and is not always required under company law to add or state the word Unlimited or its abbreviations (Unltd., or Ultd.) at the ending of its legal company name, making it not easily recognizable, without first reviewing its certificate of incorporation or government registry status. However, a notable example in the United Kingdom was the national subsidiary of the international retail clothing group C&A (UK company number 00524665). Other notable examples, amongst others, are the global trading British all-terrain vehicle manufacturer Land Rover (UK company number 04019301), GlaxoSmithKline Services Unlimited (UK company number 01047315) part of the GlaxoSmithKline plc., global pharmaceutical group, The Equitable Life Assurance Society (UK company number 00037038), Credit Suisse International (UK company number 02500199) the United Kingdom investment banking arm of the Credit Suisse Group, publishing company of acclaimed British author Ian McEwan (UK company number 07473219) and C. Hoare & Co (UK company number 00240822) England's oldest privately owned bank founded in 1672 by Sir Richard Hoare.
Other notable global trading companies such as Mobil Producing Nigeria Unlimited (a subsidiary of Exxon Mobil) and Texaco Overseas (Nigeria) Petroleum Company Unlimited (part of the merged Chevron and Texaco petroleum conglomerates) exist in Nigeria, amongst others. In the USA, another notable example is the American Express Company, which once was a publicly traded unlimited liability company, re-incorporating itself to a limited liability company status only in 1965.
In Ireland, local subsidiaries of a number of American companies have registered as unlimited companies to shield their finances from public view. Janssen Pharmaceutical, a subsidiary of its US parent company Johnson & Johnson re-registered as an unlimited company to avoid the requirement to file annual financial accounts at the Companies Registration Office (CRO) Ireland, thereby effectively also protecting a portion of Johnson & Johnson's financial information. Apple Computer's Irish division did the same.
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Famous quotes containing the words notable, unlimited and/or companies:
“In one notable instance, where the United States Army and a hundred years of persuasion failed, a highway has succeeded. The Seminole Indians surrendered to the Tamiami Trail. From the Everglades the remnants of this race emerged, soon after the trail was built, to set up their palm-thatched villages along the road and to hoist tribal flags as a lure to passing motorists.”
—For the State of Florida, U.S. public relief program (1935-1943)
“The Hacker Ethic: Access to computers—and anything which might teach you something about the way the world works—should be unlimited and total.
Always yield to the Hands-On Imperative!
All information should be free.
Mistrust authority—promote decentralization.
Hackers should be judged by their hacking, not bogus criteria such as degrees, age, race, or position.
You can create art and beauty on a computer.
Computers can change your life for the better.”
—Steven Levy, U.S. writer. Hackers, ch. 2, “The Hacker Ethic,” pp. 27-33, Anchor Press, Doubleday (1984)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)